Levi & Korsinsky Reminds Bumble Investors of the Ongoing Investigation into Potential Violations of Securities Laws – BMBL
NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Bumble Inc. ("Bumble") (NASDAQ:BMBL) concerning possible violations of federal securities laws. Bumble announced on August 7, 2024, its second-quarter results and adjusted guidance for the full year, significantly lowering its revenue growth expectations.
Bumble: After The Crash, There's Value To Be Salvaged Here
Bumble stock crashed nearly 40% after resetting its outlook for FY24. The company is now expecting only 1-2% y/y revenue growth for the year versus a prior expectation of 8-11% y/y growth. Bumble is shifting its strategy to require more robust profiles and pulling back on certain marketing investments.
Bumble Stock Hits All-Time Low as Dating Service Slashes Outlook
Shares of Bumble (BMBL) tumbled to their all-time low Thursday after the online dating service slashed its guidance as customers spent less on it.
These Analysts Slash Their Forecasts On Bumble After Q2 Results
Bumble Inc. BMBL reported worse-than-expected second-quarter revenue results on Wednesday.
Bumble Stock Falls 39%. 3 Reasons Why.
The dating app stock plummeted after a disappointing report raised questions about future demand for its product.
Bumble dives as revenue forecast cut triggers worries over turnaround
Bumble shares slumped 35% in premarket trading after the women-centric dating app cut its annual revenue growth forecast, stoking concerns about its efforts to turn around the business.
Bumble loses a third of value after dating app slashes forecasts
Bumble Inc (NASDAQ:BMBL) shed almost a third of its value overnight after slashing revenue forecasts and stoking fears that an overhaul of the dating app had failed to prompt growth. Shares fell 30.5% to US$5.60 in extended trading after the update in second-quarter results.
Bumble (BMBL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Bumble (BMBL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bumble Inc. (BMBL) Q2 Earnings Surpass Estimates
Bumble Inc. (BMBL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.05 per share a year ago.
Bumble's stock stumbles nearly 30% as dating app expects tougher times ahead
Online-dating woes hit Bumble Inc., which late Wednesday guided for lower revenue growth for the year and the current quarter, and saw its stock fall nearly 30% in the after-hours session.
Countdown to Bumble (BMBL) Q2 Earnings: Wall Street Forecasts for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Bumble (BMBL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
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